Wellington Global (Ireland) Risk Analysis And Volatility Evaluation

IE00B6WXRZ21 -- Ireland Fund  

USD 11.56  0.07  0.60%

We consider Wellington Global not too risky. Wellington Global Bond shows Sharpe Ratio of 0.2899 which attests that Wellington Global Bond had 0.2899% of return per unit of risk over the last 1 month. Our philosophy towards determining volatility of a fund is to use all available market data together with company specific technical indicators that cannot be diversified away. We have found twenty-one technical indicators for Wellington Global Bond which you can use to evaluate future volatility of the fund. Please check out Wellington Global Bond to validate if risk estimate we provide are consistent with the epected return of 0.0985%.
 Time Horizon     30 Days    Login   to change

Wellington Global Bond Technical Analysis

The output start index for this execution was zero with a total number of output elements of seventeen. Wellington Global Bond Average Price is the average of the sum of open, high, low and close daily prices of a bar. It can be used to smooth an indicator that normally takes just the closing price as input. View also all equity analysis or get more info about average price price transform indicator.

Projected Return Density Against Market

Assuming 30 trading days horizon, Wellington Global has beta of 0.0 . This indicates unless we do not have required data, the returns on DOW and Wellington Global are completely uncorrelated. Furthermore, Wellington Global Bond USD D Acc HIt does not look like Wellington Global alpha can have any bearing on the equity current valuation.
 Predicted Return Density 
Assuming 30 trading days horizon, the coefficient of variation of Wellington Global is 344.95. The daily returns are destributed with a variance of 0.12 and standard deviation of 0.34. The mean deviation of Wellington Global Bond USD D Acc H is currently at 0.25. For similar time horizon, the selected benchmark (DOW) has volatility of 0.48
Alpha over DOW
Beta against DOW=0.00
Overall volatility
Information ratio =0.00

Actual Return Volatility

Wellington Global Bond USD D Acc H accepts 0.3399% volatility on return distribution over the 30 days horizon. DOW inherits 0.5701% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 

Market Risk Breakdown

Wellington Global Volatility Factors

30 Days Market Risk

Not too risky

Chance of Distress in 24 months

Almost imposible

30 Days Economic Sensitivity

Market Insensitive

Investment Outlook

Wellington Global Investment Opportunity
DOW has a standard deviation of returns of 0.57 and is 1.68 times more volatile than Wellington Global Bond USD D Acc H. 3% of all equities and portfolios are less risky than Wellington Global. Compared to the overall equity markets, volatility of historical daily returns of Wellington Global Bond USD D Acc H is lower than 3 (%) of all global equities and portfolios over the last 30 days.

Wellington Global Current Risk Indicators

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